Friday, 22 January 2016

Indexes: Nikkei: Monthly and Daily Picture

Big Monthly Extension Long Area.. VPAwise M1 still bearish with record volumes but at a big extension Half Way Back. Daily pinbar on HWB is printing a decent long pattern on good volume so bear/bull battle of 2016  ahead of us which means Rangebound Action likely.. Adjusting style accordingly and trading both ways.. GL..HF

1 comment:

  1. • Axis Bank offers 12 EMI-waiver on home loans of up to Rs 30 lakh.
    • Srei Equipment Finance to dilute 25% stake.
    • IIFL Asset Management picks up 2.59% in Reliance MF for $60 mn.